Stablecoin B2B payments to hit $5T by 2035, says research firm

The global volume of business-to-business (B2B) stablecoin payments is projected to reach $5 trillion by 2035, CoinDesk reported, citing a new report from fintech research firm Juniper Research. The firm estimates this year's B2B stablecoin payment volume will be around $13.4 billion, with the 2035 forecast representing a 373-fold increase. The report highlighted that stablecoins hold an advantage over traditional banking systems due to their 24-hour settlement capabilities and relatively low costs. It also predicted that B2B transactions will account for 85% of all future stablecoin transaction value.